Marriott International Inc (MAR)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 396,000 | 338,000 | 507,000 | 1,393,000 | 877,000 |
| Short-term investments | US$ in thousands | — | — | — | — | 422,000 |
| Receivables | US$ in thousands | 2,795,000 | 2,712,000 | 2,571,000 | 1,982,000 | 1,768,000 |
| Total current liabilities | US$ in thousands | 8,649,000 | 7,762,000 | 7,339,000 | 6,407,000 | 5,752,000 |
| Quick ratio | 0.37 | 0.39 | 0.42 | 0.53 | 0.53 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($396,000K
+ $—K
+ $2,795,000K)
÷ $8,649,000K
= 0.37
The quick ratio of Marriott International Inc has shown a gradual decline over the years, starting at 0.53 in December 2020 and decreasing to 0.37 by December 2024. This ratio indicates the company's ability to meet its short-term obligations using its most liquid assets. The decreasing trend may suggest potential liquidity challenges for the company in the short term, as the ratio has fallen below the ideal threshold of 1. A quick ratio below 1 may indicate that Marriott International Inc may struggle to cover its immediate liabilities with its current liquid assets alone. Further analysis of the company's cash flow and working capital management practices may be necessary to address potential liquidity concerns.
Peer comparison
Dec 31, 2024